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Thomson Reuters healthcare sale: 'Dating... not yet engaged'
Wednesday 12 October 2011
India's Infosys Technologies said on Wednesday it is keen to acquire Thomson Reuters' healthcare business.
“We are dating... not yet engaged”, CEO and managing director SD Shibulal said at a press conference. “... we need to understand each other. So, we are definitely... we have an intention to get engaged,” he added.
Bangalore-based Infosys, India’s second largest software company, has been reported to be close to acquiring the business for $700-$750 million.
In June, Thomson Reuters said it planned to sell the unit, which supplies healthcare data and analysis to companies, government agencies and health professionals. It had revenues of about $450 million in 2010. ■
- SOURCE
- Economic Times
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